JSC Azeryolservis has started to use a special building material extending the life of roads in repairs. For the first time the material Polymer Composite E-Krete was used in the repair of the section of the Baku-Alat-Gazakh (the state border of Georgia) highway from the 14th km to the settlement of Gobustan, the press service of the company said.
On the surface of an asphalt concrete pavement, a layer of E-Krete is spread 3-4 mm thick. This is sufficient to eliminate the small cracks formed on the top. Within 5-10 years, no additional operating costs are required on these roads. This material is resistant to both heat and frost.
E-Krete is produced by the American company Polycon and has been tested in the United States, Canada, Singapore and other countries. ----08D
Economics
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Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
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Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
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Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
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In Azerbaijan, the government has increasingly relied on tax exemptions for imported goods as a tool to stabilize domestic market prices. The exemption from the 18% VAT on wheat imports, extended this year, exemplifies this approach. New measures have also been introduced, including tax relief on imports of electric vehicle chargers, while exemptions for high-cost medications are currently under discussion. Notably, defense imports continue to be free from taxes and customs duties.
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